JPMorgan to Allow BTC, ETH as Collateral: Report
Market Intelligence Analysis
AI-PoweredJPMorgan Chase is reportedly planning to allow institutional clients to use Bitcoin and Ethereum as collateral, a significant development in the adoption of cryptocurrencies by traditional financial institutions.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
JPMorgan Chase, the largest bank in the United States, is preparing to allow institutional clients to use Bitcoin BTC $110 487 24h volatility: 1.4% Market cap: $2.20 T Vol. 24h: $54.46 B and Ethereum ETH $3 931 24h volatility: 2.9% Market cap: $474.70 B Vol. 24h: $34.68 B as collateral ...
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